Spain offers retirees easy, fast connections to the UK, a high quality of life, a pleasant climate, and convenient access to services and amenities needed in later life. Living costs are moderate outside major cities, with a monthly budget of just over £1,000 sufficient in many areas. Costs are considerably higher in Madrid and Barcelona, while one-bedroom apartments in cities like Valencia or Málaga can be below £700. Legal residency can be obtained through the Non-Lucrative Residence Visa (NLV), which suits retirees who do not intend to work and can prove a monthly income of €2,400 or more.
"Spain has long been a favourite destination for retirees thanks to easy, fast connections to the UK, a high quality of life, a pleasant climate and easy access to all of the amenities those in later life may rely on. A monthly budget of just over £1,000 is more than enough, especially outside of major cities - the cost of living is considerably higher in the likes of Madrid and Barcelona, for example -"
"the cost of living is considerably higher in the likes of Madrid and Barcelona, for example - while the cost of a one-bedroom apartment in cities like Valencia or Málaga can be below £700. Retirees can apply for the Non-Lucrative Residence Visa (NLV) to obtain legal residency, which is ideal for UK retirees who wish to live in Spain without working and can prove a monthly income of €2,400 or more."
Read at CN Traveller
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